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Volvo Bus’ plug-in hybrid. Field tests being conducted in Gothenburg show that Volvo Buses’ plug-in hybrid reduces fuel consumption by 81% and total energy consumption (diesel plus electricity) by 61% compared to a comparable Euro 5 diesel bus. A number of European cities are showing an interest in the plug-in hybrids.
Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. Earlier post.)
XL, a provider of connected vehicle electrification solutions for commercial, utility and municipal fleets, will unveil a plug-in hybrid electric version of the popular Ford F-250 pickup truck at the NTEA Work Truck show, 5-8 March in Indianapolis. Earlier post.).
At the 2012 Paris Motor Show, Volvo Car Corporation reported that it has sold out the first batch of the diesel-electric Volvo V60 Plug-in Hybrid ( earlier post ) before the car has reached the showrooms. The Volvo V60 Plug-in Hybrid is the result of close cooperation between Volvo Car and Swedish electricity supplier Vattenfall.
The new-generation compact car benefits from gasoline (TSI); diesel (TDI); compressed natural gas (TGI); mild-hybrid (eTSI) and plug-in hybrid (eHybrid) units. The all-new SEAT Leon also offers mild hybrid technology (eTSI), allowing the compact car to provide even greater efficiency levels. Plug-in hybrids.
Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. The assembly of the first commercial light-duty diesel plug-in hybrid has been successfully integrated on the same line as the company’s other models at the Torslanda plant in Gothenburg. Earlier post.)
a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. Echo Automotive, Inc.,
The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).
Volvo Car Corporation confirmed again that it will begin sales of the V60 Plug-in Hybrid—the results of close cooperation between Volvo Car and Swedish energy supplier Vattenfall&mash;in 2012. This initiative resulted in the foundation of a jointly owned company: V2 Plug-in-Hybrid Vehicle Partnership HB.
At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. The GAC 4x4 Trumpchi hybrid is in production. 4x4 Hybrid Version of Trumpchi Sedan. Click to enlarge.
General Motors is offering 0% APR financing for 72 months on used Chevrolet Bolt EV electric cars and Chevy Volt plug-in hybrids, reports CarsDirect, which cited a bulletin sent to dealerships last week. If you're considering a used electric car, now might be a good time to spring into action.
A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles. million capital raise through institutional investors.
Maquette of the Can-Am plug-in Hybrid Spyder. million) in financial support to develop a plug-in hybrid version of BRP’s (Bombardier Recreational Products) Can-Am Spyder roadster. These challenges include the lack of space to accommodate hybrid motorization, cooling problems, aerodynamics, vehicle weight, and noise.
The European Investment Bank and PSA Peugeot Citroën signed a €200-million (US$259-million) loan agreement to finance the carmaker’s program to develop plug-in hybrid vehicles. million was granted under the ECTF financing programme, including €600 million to PSA Peugeot Citroën. Of that figure, €6.7
Coca-Cola is converting all of its newly purchased 2014 Chevrolet Express service vans into fuel-efficient hybrid-electric vehicles using XL Hybrids’ powertrain technology. The latest version of the XL Hybrids system features an inline traction motor delivering 40 kW, along with a 1.8 Earlier post.) kWh Li-ion battery pack.
Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.
The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV. The battery systems are financed through municipal or state subsidies. esko, the system is now being deployed at ŠKODA dealerships.
The partnership establishes an investment fund to finance $65 million in solar projects to assist Honda and Acura customers with the initial cost of solar power installation. SolarCity and American Honda Motor Co.,
Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market. Interest in these cars is growing.
Although sales of plug-in vehicles (plug-in hybrid-electric and battery-electric vehicles, collectively PEVs) in the US climbed more than 80% in 2013 to more than 96,000 units (Tesla has not yet released its final figures) from 52,835 units in 2012 EDTA ), the 2013 results still reflect a meagre new light-duty vehicle market share of ~0.6%
Apex Clean Energy has ordered 19 electrified Ford F-series pickup trucks from XL Fleet, including ten plug-in hybrid electric and nine hybrid electric systems for pickups in its service fleet, for delivery in the second quarter of 2021.
EVO Electric, a developer of advanced electric drive solutions for the automotive sector ( earlier post ), has formed a joint venture with GKN Driveline, part of GKN plc, to develop, manufacture and sell Axial Flux electric motors and drive systems for use in hybrid and electric vehicles. As part of the agreement, GKN will also acquire a 25.1%
the developer of the high-performance electric X1, has secured $5 million in a Series A financing from a private investor. The funding will be used to support the development of Wrightspeed’s Digital DriveSystem—an extended-range hybrid electric drive system targeted at high fuel consumption (e.g., Wrightspeed, Inc.,
What they got wrong was assuming that all of those vehicles would run on battery power alone, with gasoline-electric hybrid technology bound for the technological scrap heap. In China , Europe , and the United States , buyers are converging on hybrids, whose sales growth is outpacing that of pure EVs. million, accounting for 10.6
A V70 plug-in hybrid demonstrator. Swedish energy company Vattenfall and the Volvo Car Corporation are launching an industrial joint venture partnership to introduce plug-in hybrids on the market by 2012. The development of the cars is being carried out and financed jointly by the two companies. Click to enlarge.
ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.
The study looked at several powertrains: internal combustion engine, hybrid electric vehicle, plug-in hybrid electric vehicle, fuel cell electric vehicle and battery electric vehicle. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.
Although the cheap low-interest or no-interest financing deals for new vehicles have mostly gone away, as the auto industry recalibrates supply to a new coronavirus-recovery norm for demand, many of them are still good through June in the green-car sector—leading to some standout deals for electric cars, plug-in hybrids, and hybrid vehicles. (..)
The government of China—now the world’s largest automotive market—has made vehicle electrification central to its plan for growing the automotive market both domestically and internationally, and accordingly has created many national and local incentives for plug-in electric vehicle (PEV) purchases. Market development.
Volvo Car Group (Volvo Cars) is ramping up production of the V60 Plug-in Hybrid ( earlier post ) by 90% to meet demand, especially in Holland, Belgium and Italy. All in all, Volvo Cars will produce 7,600 plug-in hybrids in 2013, with a 2014 target of 10,000 units. This corresponds to fuel consumption of 1.8
million to help California consumers purchase plug-in hybrid and zero-emission cars and light trucks. Funding for this year’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project was increased by $10 million to $15 million. Funding was approved for three specific programs.
EVs are still the future The sudden revival of plug-in hybrids is predicted to peak at 10% of the market Sales of PHEVs is predicted to call as battery prices drop and EVs become less expensive Plug-in hybrids are experiencing a sales resurgence, but they're unlikely to surpass EVs in the long term, predicts Bloomberg New Energy Finance.
However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. Hybrid propulsion and alternative fuel vehicles. Details of the offering—i.e., Vehicle energy use.
The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 million over ten years. The Indy fleet would be the largest municipal fleet of electrified vehicles in the US.
Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. If we omit the engine and use the space for additional batteries, we then have a solution for an all electric plug-in vehicle.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
Supercharger, kinetic energy recovery and transmission specialist Torotrak will acquire , pending shareholder approval, the remaining 80% of flywheel hybrid innovator Flybrid for up to £23.0 M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Torotrak’s M-KERS unit.
The UCLA Luskin Center for Innovation and the UC Davis Plug-In Hybrid and Electric Vehicle Research Center will host the World Electric Vehicle Cities and Ecosystems Conference on 5 May, just prior to EVS 26.
Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Focus on supporting the development of the electric traction motor, power electronics, and electric ancillaries.
—Bodo Uebber, Member of the Board of Management of Daimler AG for Finance & Controlling and Financial Services. In 2014, Mercedes-Benz sold more automobiles with hybrid drive than all other German manufacturers combined, although far less than Toyota, which currently has about 80% hybrid share in Europe.
Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.
One such program is the popular Clean Cars 4 All, which provides up to $9,500 to help income-qualified Californians upgrade an older, dirty car to a new or used zero-emission plug-in electric car, plug-in hybrid or hybrid car. 843 million for heavy-duty and off-road equipment investments.
PSA Group is consolidating the development of its models on two global modular platforms—CMP and EMP2—allowing it to offer a wide range of internal combustion, electric and plug-in hybrid gasoline models from 2019. a 60 km (37-mile) driving range in all-electric mode.
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